“I am not making this up. Certain assets at one time were allowed to be considered of zero value, when being placed in a family trust. I’m all for tax loopholes, but the point here is that the politically active super-wealthy have edges written into the law that give them tax breaks that the rest of us will never see. There is a growing elite in this country that are above all laws and regulations, laws and regulations that anchor down the rest of us.”
http://www.economicpolicyjournal.com/2012/08/how-romney-was-able-to-put-100-million.html
Related posts:
California School District Owes $1 Billion On $100 Million Loan
Ron Paul On Foreign Aid: We Should Stop Funding These Nations, You Can't Buy Friendship
Florida jails tourist for collecting seashells
D.C. house inspires 168 bids in red-hot real estate market
Six ways Congress may reform NSA snooping
Medical marijuana rally slated for Oklahoma Capitol Wednesday
Justice Department facilitated anti-Zimmerman protests
Counterfeit Perth Mint gold sold in China
FBI surrounds house of Saudi student after carrying pressure cooker full of rice
JPMorgan Chase CEO Jamie Dimon is accused of hiding information about big losses
What U.S. citizens weren't told about the atomic bombing of Japan
Now TSA agents are testing drinks purchased INSIDE the airport
Big tobacco stubs out e-cigarette competitors
Pakistan orders fresh murder charges against Pervez Musharraf
Republican battles for Medicaid funding turn to God and morality